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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

LONDONThe U.K. manufacturing sector expanded at the fastest pace in over
two years in July, suggesting that economic growth recorded in the first two
quarters of the year looks set to continue, and firmly stamping out any
expectations for action from the Bank of EnglandTotal new orders grew at the fastest pace since February 2011 and benefited
from a double boost from both the domestic and export markets, helping to lift
employment numbers for a third straight monthThe monthly purchasing managers index for the manufacturing sector, compiled
by data firm Markit and the Chartered Institute of Purchasing & Supply, rose
to 54.6 in JulyThat the highest level since March 2011 and compares with
June's 52.9A figure above 50 shows the sector is expanding, while a reading below that
indicates contractionThe data were stronger than expectedEconomists surveyed by Dow Jones
Newswires last week estimated the PMI improved to 52.9
Markit also revised its June reading from an originally reported 52.5"The breadth of the upturn in manufacturing should aid in its
sustainability," Markit's senior economist Rob Dobson said"The performance of the domestic market, which was the prime source of new
contracts, is also a real positiveBut let's not forget that there is also a
strong export component in these positive numbers, as U.K. manufacturers
benefited from the sharpest growth in new export orders for two years as key
markets such as the euro zone moved closer to stabilising," Mr. Dobson saidLooking ahead to the central bank's announcement due at midday, expectations
remain firmly in the "no change" camp, with eyes already on an expected formal
announcement on forward guidance at next week's quarterly inflation report "This is clearly going to be the policy option of choice from
here on as the BOE seeks to keep accommodative monetary conditions in place to
ensure the recovery continues."